Why is Mysore Petro falling/rising?

As of 18-Sep, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 119.75, reflecting a decrease of Rs 1.45 or 1.2%. The stock has underperformed its sector by 0.7% today and has fallen after three consecutive days of gains, reaching an intraday low of Rs 116.5, which is a drop of 3.88%. Over the past week, the stock has shown a slight increase of 0.55%, but it has significantly underperformed over the longer term, with a year-to-date decline of 21.22% and a staggering 48.82% drop over the past year. The company has reported operating losses, with net sales falling by 33.4% compared to the previous quarter, and a negative return on capital employed (ROCE), indicating weak long-term fundamental strength. Additionally, the delivery volume has decreased dramatically, falling by 95.48% against the five-day average, which suggests a lack of investor interest.
In the broader market context, the Sensex has increased by 1.80% over the past week, highlighting that Mysore Petro's recent performance is not only poor in isolation but also in comparison to the overall market trend. While the stock has shown some positive movement in the short term, its long-term performance is concerning, with negative EBITDA and a weak ability to service debt. The stock's performance over the last three years has also lagged behind the benchmark, indicating a broader trend of underperformance relative to the market. Overall, the combination of poor financial results, declining investor participation, and negative market sentiment contributes to the stock's downward movement.